Ross Cameron’s Warrior Trading Review: Why Did the FTC File a $2.9 Million Lawsuit?

March 27, 2024

Warrior Trading is a day trading educational platform by Ross Cameron that is for both beginners and active day traders. The platform provides courses, tools, reports, news, and more to give traders an edge in the market. Warrior Trading teaches day trading and swing trading. You can learn how to do scalping trades like Ross Cameron, or swing trading from the other mentors.

Warrior Trading helps you make money by teaching you how to day trade or swing trade. Practice trading with the Warrior Trading simulator to develop your skills and determine which trading strategy is for you. In this Warrior Trading review, we will discuss why they got sued, who is it for, what services does Warrior Trading offer, who Ross Cameron is, and if it is worth it.

Day trading is a high-risk, high-stress trading strategy. A study by the Sao Paulo School of Economics found that it is virtually impossible for individuals to day trade for a living. It was discovered that 97% of all individuals who persisted for over 300 days lost money.

Ross Cameron's Warrior Trading Review: Pros and Cons

Pros

Ross Cameron posts his earning every month since 2017.

There are courses on different trading strategies by the other Warrior Trading mentors.

Ross Cameron’s trading course is better than other day trading courses if you want to learn scalping. Ross is considered one of the best scalpers that actively trades.

Cons

Made false claims in their marketing which lead to a multi-million lawsuit.

Because of latency and quick nature of scalping, many of those who copy Ross' trades on the live trading streams often lose money.

Scalping is one of the most stressful and high-risk trading styles that is not for beginners.

Price

Warrior Trading costs a one-time fee of $797 for the Basic plan, a one-time fee of $2,797 for the Pro plus up to $247 a month for the trading tool subscription. The Warrior Pro plan also comes with a value package for a one-time fee of $3,997, and you get 1 year of free subscription to the trading tool.

Refund Policy

7-day money-back guarantee for the $3,997 package.

Origin

2012

Reputation

Ross Cameron has a good reputation for being a friendly, calm, and approachable person. His bad reputation comes from the marketing disaster that led to a lawsuit.

Why Did Warrior Trading Get Sued?

Warrior Trading got sued by the Federal Trade Commission (FTC) in April 2022 after the company made unrealistic promises to sell a day trading “system” that led to a lot of customers losing money. It is reported that most of the customers lost thousands of dollars on top of the thousands more they paid for the membership. In the court order agreed by both parties, Warrior Trading was to pay $2.9 million in compensation to 20,402 individuals. They were also prohibited from advertising bogus earning claims for people who purchase their programs regardless of their background.

Since the lawsuit, Warrior Trading has been very careful with their earning disclaimer. All of Ross’s videos now include a disclaimer where he states that only 1% of day traders are successful. Ross no longer makes any claims about how much you can make, nor how Warrior Trading can increase your win rate and profits. Warrior Trading is a reliable day trading, educational platform. The claims on their marketing may have been over the top, but they do provide value. Warrior Trading is named the Best Comprehensive Offering on Investopedia’s 2023 Best Day Trading Courses list.

Who Is Warrior Trading For?

  1. Newbies who want to learn how to day trade using Ross Cameron’s strategy or swing trade from the other mentors. Warrior Trading’s Basic and Pro membership gives you access to the basics course for beginners.
  2. Active traders who want to learn more trading techniques and strategies. You can access the strategy and scaling course with the Warrior Trading Pro membership.
  3. Advanced traders who want to learn. Warrior Trading Pro gives you access to several extensive courses for experienced traders.

What Is the Warrior Trading YouTube Channel?

The Warrior Trading YouTube channel is Ross Cameron's personal channel where he posts tutorial videos and educational content about day trading. The channel has over 1.05 million subscribers, with Ross posting a new video every few days. Ross's videos have plenty of value and you can learn the basics of trading and more just from his YouTube videos.

What Is Warrior Trading Pro?

Warrior Trading Pro is the premium membership that gives you access to all the courses and tools. Membership is lifetime, but the tools require monthly or yearly subscriptions. The tools package also include mentorship sessions exclusively to membership pro members. Started as a single course, Warrior Trading Pro has grown to a fully fledged trading program, complete with about a dozen courses and the same tools that Ross Cameron uses to trade. Warrior Trading has over 5,000 premium members and over half a million followers. As the number grows, so does Ross Cameron’s reputation.

What Is the Warrior Trading Course?

Warrior Trading has a beginner level course, and intermediate level course, 7 courses on a variety of topics for all levels, and 4 other course by Warrior Pro graduates for advanced traders. The only course you can access with the basic membership is the day trading basic course.

Day Trading: The Basics

The Basics is the entry level course for beginners. While many of the information on this course can be found online for free, this course structures it well in 15 modules within the context of strategy development. What you learn here is a must before you jump into trading.

Day Trading: The Basics Course Content

  • 1. Becoming a Day Trader - 1 lecture • 1 hr 4 min
  • 2. Picking Stocks for Day Trading - 3 lectures • 1 hr 32 min
  • 3. Account Types - 2 lectures • 29 min
  • 4. Fundamental Analysis - 1 lecture • 43 min
  • 5. Technical Analysis - 8 lectures • 3 hr 57 min
  • 6. Trading Platform Walk-Through - 1 lecture • 25 min
  • 7. Order Entry Window - 1 lecture • 42 min
  • 8. Level 1 Market Depth & Order Entry - 1 lecture • 23 min
  • 9. Level 2 Market Depth & Hot Keys - 2 lectures • 58 min
  • 10. Time & Sales AKA The Tape - 1 lecture • 1 hr 5 min
  • 11. Stock Halts - 1 lecture • 49 min
  • 12. Scanning 101 - 1 lecture • 20 min
  • 13. Preparing to Sim Trade - 2 lectures • 1 hr 16 min
  • 14. The Psychology of Trading - 5 lectures • 4 hr 12 min
  • 15. Day Trading as a Business, The Learning Path & What's Next - 2 lectures • 57 min

Day Trading: Strategies and Scaling

Strategies and Scaling is Warrior Trading’s flagship course that is a comprehensive day trading course for small-cap stocks. The course teaches Ross’s own fast style of trading small-cap stocks in 21 information packed modules.

Day Trading: Strategies and Scaling Course Content

  • 1. Intro to Day Trading - 2 lectures • 1 hr 20 min
  • 2. Risk Management - 1 lecture • 1 hr 47 min
  • 3. Stock Selection & Building a Watch List - 2 lectures • 1 hr 51 min
  • 4. Daily Chart Patterns - 1 lecture • 1 hr 15 min
  • 5. Intraday Chart Patterns - 10 lectures • 2 hr 36 min
  • 6. Level 2, Tape Reading, and Hot Keys/Buttons - 6 lectures • 3 hr 24 min
  • 7. Gap and Go Trading - 8 lectures • 6 hr 5 min
  • 8. Momentum Trading - 19 lectures • 19 hr 30 min
  • 9. Reversal Trading - 6 lectures • 2 hr 45 min
  • 10. Short-Selling Momentum Strategies - 7 lectures • 3 hr 0 min
  • 11. High-Speed Breakout Trading (Expert Level) - 3 lectures • 4 hr 24 min
  • 12. Stock Scanning - 1 lecture • 55 min
  • 13. Position Management, Trader Psychology, Building Discipline, & Recovering from Loss - 1 lecture • 1 hr 53 min
  • 14. Creating a Trading Plan - 2 lectures • 3 hr 18 min
  • 15. When to Trade with Real Money - 1 lecture • 22 min
  • 16. Small Account Challenge - 1 lecture • 23 hr 36 min
  • 17. Troubleshooting - Potential Solutions to Common Challenges - 14 lectures • 2 hr 39 min
  • 18. Taxes & Accounting for Day Traders - 1 lecture • 21 min
  • 19. Overview of Trading Tools - 1 lecture • 1 hr 59 min
  • 20. The Capstone Class - 1 lecture • 50 min
  • 21. Interviews with Profitable Traders - 22 lectures • 19 hr 26 min

What Are the Warrior Trading Tools?

The Warrior Trading Tools are a subscription based packages of programs to help you trade. The tools are the chat room, live stream, news, mentor sessions, scanners, and charts.

Warrior Trading Chat Room

The Warrior Trading chat room is a custom made chat and live-streaming platform where members can trade ideas and find support. Created in 2017, the chat room also has a news feed that posts news headlines in real-time to inform traders of the source of volatility. The room is monitored by professional admins and all big earning claims are requested to be proven with broker statements.

warrior trading review

Live Streaming

The live streaming is a low latency daily broadcast where you can watch Ross Cameron trade every morning. You will see all the open and closed positions for the day and the profits and loss.

warrior trading review

Live Mentor Sessions

Only available for Warrior Pro subscribers, the daily live mentoring will be hosted by Ross or any of his experts and will have regular Q&A sessions. You can get the support you need from experts. Access to recorded mentor sessions are also available for more learning.

warrior trading review

Warrior Trading Scanners

The Warrior Trading scanners are proprietary customizable tools that provide the high quality alerts. The scanners work for all trading styles. You can even customize the tool to filter relevant alerts based on your specific trading strategies.

warrior trading review

Warrior Trading Charts

The Warrior Trading charts are customizable charts that add technical indicators used by the Warrior Trading experts. This makes it easy for members to day trade and to follow the live and recorded examples. The chart was created in partnership with TradingView. 

warrior trading review
warrior trading review

Warrior Trading Simulator

What Is the Warrior Trading Simulator?

The Warrior Trading Simulator is a paper trading simulator that allows you to practice trading in real-time market conditions without risking any real money. The Warrior Trading Simulator costs $97 a month. It is recommended that beginners do not trade live unless they can show profitable trades using the simulator.

How Do You Pick Stocks in Warrior Trading?

Warrior Trading teaches you to pick stocks based on the following criteria:

  • High Relative Volume (HRV): stocks that are trading at least 1.5 times their average but less than 1 million shares traded during pre-market.
  • Big difference: stocks with a +4% or -4% gap between the previous day's closure price and current day's opening price.
  • Low float: Choose stocks with lower than 20 million floats as the fewer shares available on the market, the better.
  • Short percentage: The higher the percentage of shares being shorted by other traders, the better it looks for long biased traders like myself.

What Are the Warrior Trading Results?

The Warrior Trading results for students vary depending on which trading strategy the students use. Students who swing trade have reported more success compared who chose day trading. Ross Cameron’s students get mixed results. Almost all the students that try to follow Ross’s trade as he does them live often lose money because of the latency of the stream.

A Youtuber name Airplane Jane was in Ross Cameron’s Room back at the end of 2015 and into beginning of 2016. She said good things about the chat room but didn’t work well with her because she didn't like trading penny stocks. She also mentioned being turned off with Warrior Trading after she was asked for testimonial, even though she was not a subscriber of the current Warrior Trading.

Warrior Trading Reddit

Warrior Trading Reddit reviews point out Ross' small-cap scalping strategy and how others fail trying to copy him. One review mentions the fast and stressful reality of scalping while another comments on how those trying to mirror Ross' trade during his live streams often end up losing money because of the latency. Take these Warrior Trading reviews with a grain of salt.

Warrior Trading Trustpilot

Warrior Trading has a 4.7 rating on Trustpilot with 2,388. The most common thing mention on the Trustpilot reviews is the wealth of content you can access, and the value of the live trainings. They also commonly mention that following Ross’ trades in the live stream will have delays and you will lose money, and that small-cap trading is not for beginners. Below are some of the verified reviews.

Who Is Ross Cameron?

warrior trading review

Ross Cameron is a full-time day trader, mentor, and creator of Warrior Trading from Great Barrington, Massachusetts. He is one of the best scalp trader and teaches his small-cap stock trading strategy on Warrior Trading courses and live mentorship. Ross Cameron made over $10 million in trading profits from a starting investment of $583.15. He was able to surpass $1 million in 2019 and $10 million by the end of 2022.

Ross originally founded Warrior Trading in 2012 as a trading blog. In 2014, he turned it into a day trading chat room and began teaching day trading classes with a focus on risk management, stock selection and identifying the safest entries. Warrior Trading has since grown into a 1-stop-shop in day trading. Warrior Trading is located in Great Barrington, Massachusetts. The company comprises almost 30 remote and on-site employees.

Summary: Is Warrior Trading Worth It?

Warrior Trading is worth it if you will put the time and effort into learning how to trade properly and if you can afford to take plenty of losses. You can expect to learn how to day trade or swing trade from the comprehensive courses, effective trading tools, and an active live trading chat room with Warrior Trading. Do not expect to get rich quick or to make easy money by riding along with the day trades during the live streams. It is recommended you learn and start with swing trading, but only after mastering your skills on the simulator.

Is Day Trading Worth It in 2024?

Day trading is worth it in 2024 if you have mastered good strategies, good discipline, and great risk management. Day trading is not recommended for beginners. In an article published by Forbes, it was found that 90% of traders fail. Trading will always have high risks because of the volatility of the market. The only way you can find success with trading is to master a trading style and how to effectively minimize the risks.

Related Articles on Day Trading

  • Mark Thomas' The Daily Traders - A 2,000-hour course that teaches trading strategies and market analysis. The course not only covers day trading but also other strategies like swing trading, options trading, and more.
  • Dan Parker's True Trader - True Trader is a trading platform with a chat room, courses, tutorials, and psychology coaching. You also get to live Dan Parker trade live every morning.
  • Maurice Kenny’s VIP Trading Program - A 10-week extensive individual coaching program on day trading. It also includes 5 weeks of group training program.
  • Nour Atta’s Stock Hours - Stock Hours is a day trading signals chat by Nour Trades LLC. You can also watch Nour do scalping trades lives and get into the same trades.

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